This week in the currency world, 6x alerts were the highest probability. Typically a 7 time email alert is high probability for a trend to begin. But it can also be a high probability to reverse. You can do the same for a 6 time email alert. Lets take a look at this at past week high probability email alerts.
You can see how important it is to identify the iMTF. So when looking at the email alerts the first thing I want to look for is the iMTF. If there is no iMTF then I don’t take the trade. If there is a iMTF then I place a trade at that iMTF. If price does not pull back to the iMTF then this means the sentiment is strong and then I place a break out order. Use the chart to give you clues what price wants to do. Also don’t forget about reversals. If price breaks the iMTF then look for it to come back and retest it for the reversal. As you can see there are great opportunities to find a trade.
So as you can see by using the multi time email alerts you can find the highest probabilities and opportunities. Take these multi time email alerts and look for Ichimoku Multi Time Frame (IMTF) to find low risk pull backs. If there are no IMTF’s, look for break outs or move on to other multi time email alerts. Ichimoku is designed to save you time, so is this website. Take advantage of the multi email alerts, combined with real time scanner IMTF’s to help you find high probability trades.
If you have any questions about how to use the multi time email alerts or set up real time scanner, email me at mcolquitt@ichimokutrade.com. I will set up a 30m help session.
If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com
EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.
